Thursday, April 15, 2021

Pharmacy Practice and Management

Ways to Create More Consistent Performers

Ways to Create More And More Consistent Performers

In ethically promoting Pharma business, field force are the resources who generate prescriptions for the products being promoted, thus bring in revenue, therefore the figures…
Featured image for the article Elixir for sourcing of candidates and retaining them

Elixir for Sourcing of Candidates and Retaining Them

Many Pharma Companies have been suffering silently from shortage of suitable candidates to fill up vacancies in the field, and also of high attrition rate,…
Advertising Plan: 5 Things to consider when drawing up an advertising schedule

5 Things to Consider When Drawing Up an Advertising Plan

Every business differs but a common factor is the need to get the product into the market. This can be achieved through advertising. Thanks to…
Estimating the Financial Needs of a Business

Estimating the Financial Needs of a Business

Now that you have made up your mind to start a business, it is important to plan how to keep your business afloat financially. There…
How To Build Trust With Your Customers

Customer Loyalty: How To Build Trust With Your Customers

Trust is an essential part of any relationship. When your customers can trust that you will serve them well, they are sure to continue finding…
Reasons why customers choose your competitor

9 Reasons Why Customers Choose Your Competitor’s Products Over Yours

As a business owner, you will agree with me that there is nothing more terrifying to a company than losing customers. Investing in a business…
Pharmaceutical Marketing: 3 Ways to Boost Sales Team Performance

Pharmaceutical Marketing: 3 Ways to Boost Sales Team Performance

Many a time I have seen young salespersons get frustrated on the job due to the increasing gap between the expected and reality in relation…
Picture: Roles and Responsibilities of a Finance Department

Roles and Responsibilities of a Finance Department in a Pharmaceutical Industry

Finance is one of the major pillars of any organisation and an essential ingredient to a successful business. Nowadays, a finance department has a broad…
7 Common Mistakes to Avoid When Borrowing Money for Your Business

7 Common Mistakes to Avoid When Borrowing Money for Your Business

While poor management has been identified as the major reason why most businesses fail, insufficient or ill-timed financing may be seen as a close second…
The Importance of Giving Your Product a Perfect Finish

Why You Should Give Your Product a Perfect Finish

Having been in community practice for quite some time, I have come to realize that packaging of pharmaceutical products is a production process which every drug…
Ways to Finance Your Business

10 Most Common Ways to Finance Your Business

An important factor to consider in addition to the factors that affect your choice of pharmaceutical plant location is finance. As an entrepreneur, you need…
How to Identify Your Capital Needs for a Business

How to Identify Your Capital Needs for a Business

It is no secret that adequate capital is an important ingredient to the success of a business. Whether you are starting up or growing a…

How to Capitalize Your Business

In every business, it is essential to maintain a continuous flow of money for the business to flourish. There are basically two ways you can…
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